India Electronic Toll Collection Market Analysis, Share, Size, Growth and Rends 2025-2033
India Electronic Toll Collection Market 2025-2033
According to IMARC Group's report titled "India Electronic Toll Collection Market Report by Technology (RFID, DSRC, and Others), System (Transponder - or Tag-Based Toll Collection Systems, Other Toll Collection Systems), Sub System (Automated Vehicle Identification, Automated Vehicle Classification, Violation Enforcement System, Transaction Processing), Offering (Hardware, Back Office and Other Services), Toll Charging (Distance Based, Point Based, Time Based, Perimeter Based), Application (Highways, Urban Areas), and Region 2025-2033", the report presents a thorough review featuring the market share, growth, share, trends, and research of the industry.
How Big is the India Electronic Toll Collection Industry?
India electronic toll collection market size reached USD 385.7 Million in 2024 and is expected to reach USD 1,053.2 Million by 2033, exhibiting a growth rate (CAGR) of 11.81% during 2025-2033.
India Electronic Toll Collection Market Trends:
The electronic toll collection market in India is rapidly evolving and advancing, offering solutions that enable more convenient and seamless travel experiences for users. The growth is driven by a combination of public and private sector investment, whether via RFID-based, automatic number plate recognition (ANPR)-based, or GPS-based solutions and increasing amounts of traffic throughout the country. The widespread implementation of FASTag payments across the national and state highway networks has incentivized both the uptake of electronic tolling and their complementary benefits of reducing queues or delays at toll plazas. Increasing levels of traffic have also influenced both public- and private-sector stakeholders that are investing in their own electronic tolling, and in integrated electronic toll systems that improve seamless interaction with mobile or digital wallets with respect to tolling compliance and transparency across users.
Overall governments' decreasing interest in cash-locking transactions, in favor of safer road and vehicle experiences, is an objective that will continue to drive adoption and further expansion. Furthermore to enforce tolling compliance the number of technologies offering automatic toll collection are growing as they are able to provide realtime data analytics with centralized monitoring solutions in optimizing operations through collection rate variances, and more effectively enhance toll compliance, compared to cash toll collection operations. These emerging advancements will continue to reinforce India's approach towards electronic toll collection with the ongoing and important movement towards improving user experiences.
Get Free Sample Report: https://www.imarcgroup.com/india-electronic-toll-collection-market/requestsample
India Electronic Toll Collection Market Scope and Growth Analysis:
The Indian electronic toll collection market is growing rapidly due to the current emphasis on intelligent transportation systems and infrastructure upgrades. With an increase in vehicles on the road, the emphasis will be placed on reducing the time spent waiting to conduct commercial transactions. The shift towards electronic tolling will occur in respect to not only highways but city entry, expressways and dedicated freight corridors. The government is promoting large-scale adoption of integrated toll management systems through public/private partnerships. This market is also seeing convergence of technology with providers now providing a product offering that combines IoT with cloud-based computing and real-time data analytics, which can calculate costs accurately and reduce fraud. Providers are providing large interoperable platforms that are scalable and serve governments and large private sector logistics companies.
The linking of toll data with traffic management systems will improve decision-making and predictive maintenance for the road networks. Given the growth of logistics and transportation as an industry in India, there is a pressing need for automated toll collection to improve overhead and ultimately improve customer satisfaction. There is a positive regulatory environment currently supporting the electronic toll collection market in India.
IMARCs report provides a deep dive into the India electronic toll collection market analysis, outlining the current trends, underlying market demand, and growth trajectories.
India Electronic Toll Collection Market Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India electronic toll collection market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Technology Insights:
RFID
DSRC
Others
System Insights:
Transponder - or Tag-Based Toll Collection Systems
Other Toll Collection Systems
Sub System Insights:
Automated Vehicle Identification
Automated Vehicle Classification
Violation Enforcement System
Transaction Processing
Offering Insights:
Hardware
Back Office and Other Services
Toll Charging Insights:
Distance Based
Point Based
Time Based
Perimeter Based
Application Insights:
Highways
Urban Areas
Regional Insights:
North India
West and Central India
South India
East and Northeast India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Ask Analyst For Customization: https://www.imarcgroup.com/request?type=report&id=21129&flag=C
Other key areas covered in the report:
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Market Dynamics
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Top Winning Strategies
Recent Industry News
Key Technological Trends & Development
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
Last updated